FORMOTION FRANCE S.A.S. : revenue, balance sheet and financial ratios

FORMOTION FRANCE S.A.S. is a French company founded 8 years ago, specialized in the sector Fabrication de matériel médico-chirurgical et dentaire. Based in RENNES (35200), this company of category ETI shows in 2024 a revenue of 3.4 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - FORMOTION FRANCE S.A.S. (SIREN 830355640)
Indicator 2024 2023 2022 2021 2019 2018 2017
Revenue 3 372 804 € 3 020 788 € 2 225 874 € 1 715 117 € 1 590 057 € 1 556 358 € 517 371 €
Net income 139 702 € 319 028 € 2 525 412 € 3 008 305 € 1 122 863 € 1 427 941 € -404 473 €
EBITDA 270 176 € 256 596 € -104 557 € -273 539 € -174 026 € 168 965 € -269 466 €
Net margin 4.1% 10.6% 113.5% 175.4% 70.6% 91.7% -78.2%

Revenue and income statement

In 2024, FORMOTION FRANCE S.A.S. achieves revenue of 3.4 M€. Over the period 2017-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +30.7%. Vs 2023, growth of +12% (3.0 M€ -> 3.4 M€). After deducting consumption (-159 €), gross margin stands at 3.4 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 270 k€, representing 8.0% of revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 140 k€, i.e. 4.1% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

3 372 804 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

3 372 963 €

EBITDA (2024) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

270 176 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

182 788 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

139 702 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

8.0%

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 65%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 59%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 98.0 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 6.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

65.069%

Financial autonomy (2024) ?
Financial autonomy
Definition
Share of equity in the company's total financing.
Formula
(Equity / Total assets) x 100
Interpretation
> 30% : Good autonomy
20-30% : Average
< 20% : Low

58.767%

Cash flow / Revenue (2024) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

6.634%

Repayment capacity (2024) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

98.012

Asset age ratio (2024) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

47.3%

Solvency indicators evolution
FORMOTION FRANCE S.A.S.

Sector positioning

Debt ratio
65.07 2024
2022
2023
2024
Q1: 1.92
Med: 18.86
Q3: 55.42
Average +9 pts over 3 years

In 2024, the debt ratio of FORMOTION FRANCE S.A.S. (65.07) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
58.77% 2024
2022
2023
2024
Q1: 24.8%
Med: 50.27%
Q3: 69.09%
Good -10 pts over 3 years

In 2024, the financial autonomy of FORMOTION FRANCE S.A.S. (58.8%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.

Repayment capacity
98.01 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.3 years
Q3: 1.74 years
Watch +11 pts over 3 years

In 2024, the repayment capacity of FORMOTION FRANCE S.A.S. (98.01) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 657.97. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months. The interest coverage ratio (= EBIT / Interest expenses) is 239.3x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2024) ?
Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good
1-1.5 : Fair
< 1 : Liquidity risk

657.971

Interest coverage (2024) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

239.269

Liquidity indicators evolution
FORMOTION FRANCE S.A.S.

Sector positioning

Liquidity ratio
657.97 2024
2022
2023
2024
Q1: 159.64
Med: 253.69
Q3: 429.69
Excellent

In 2024, the liquidity ratio of FORMOTION FRANCE S.A.S. (657.97) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.

Interest coverage
239.27x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.67x
Q3: 4.96x
Excellent +57 pts over 3 years

In 2024, the interest coverage of FORMOTION FRANCE S.A.S. (239.3x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 650 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 117 days. The gap of 533 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 1020 days of revenue, i.e. 9.6 M€ to permanently finance. Over 2017-2024, WCR increased by +1096%, requiring additional financing.

Operating WCR (2024) ?
Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released
Positive = financing needed

9 556 199 €

Customer credit (2024) ?
Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good
45-60j : Average
> 60j : Long

650 j

Supplier credit (2024) ?
Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow

117 j

Inventory turnover (2024) ?
Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover

0 j

WCR in days of revenue (2024) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

1020 j

WCR and payment terms evolution
FORMOTION FRANCE S.A.S.

Positioning of FORMOTION FRANCE S.A.S. in its sector

Comparison with sector Fabrication de matériel médico-chirurgical et dentaire

Valuation estimate

Based on 57 transactions of similar company sales (all years), the value of FORMOTION FRANCE S.A.S. is estimated at 657 620 € (range 193 848€ - 1 282 354€). With an EBITDA of 270 176€, the sector multiple of 2.5x is applied. The price/revenue ratio is 0.23x (conservative valuation). This multiples method compares the actual sale price of similar companies to their financial indicators (Revenue, EBITDA, Net Income). It provides a market-based indicative estimate.
Medium reliability: estimate to be confirmed with in-depth analysis.

Estimated enterprise value 2024
57 tx
193k€ 657k€ 1282k€
657 620 € Range: 193 848€ - 1 282 354€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
270 176 € × 2.5x
Estimation 686 074 €
134 839€ - 1 268 772€
Revenue Multiple 30%
3 372 804 € × 0.23x
Estimation 764 953 €
355 513€ - 1 600 535€
Net Income Multiple 20%
139 702 € × 3.0x
Estimation 425 488 €
98 878€ - 839 043€
How is this estimate calculated?

This estimate is based on the analysis of 57 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.

  • EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
  • Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
  • Net Income Multiple: Relevant for mature companies with stable results.

This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).

Similar companies (Fabrication de matériel médico-chirurgical et dentaire)

Compare FORMOTION FRANCE S.A.S. with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication de matériel médico-chirurgical et dentaire

Frequently asked questions about FORMOTION FRANCE S.A.S.

What is the revenue of FORMOTION FRANCE S.A.S. ?

The revenue of FORMOTION FRANCE S.A.S. in 2024 is 3.4 M€.

Is FORMOTION FRANCE S.A.S. profitable?

Yes, FORMOTION FRANCE S.A.S. generated a net profit of 140 k€ in 2024.

Where is the headquarters of FORMOTION FRANCE S.A.S. ?

The headquarters of FORMOTION FRANCE S.A.S. is located in RENNES (35200), in the department Ille-et-Vilaine.

Where to find the tax return of FORMOTION FRANCE S.A.S. ?

The tax return of FORMOTION FRANCE S.A.S. is available on this page. Click on a year in the 'Data by year' section to view the account details (assets, liabilities, income statement). Data comes from INPI (National Institute of Industrial Property).

In which sector does FORMOTION FRANCE S.A.S. operate?

FORMOTION FRANCE S.A.S. operates in the sector Fabrication de matériel médico-chirurgical et dentaire (NAF code 32.50A). See the 'Sector positioning' section above to compare the company with its competitors.